4138 Dyer Street
Union City, CA 94587
0.44 acres | #ML81969777
Description
NO VACANCY IN OVER 20 YEARS! Alvarado Business Center is a multi-tenant dental office property located at 4138 Dyer Street in Union City, California. The building measures approximately 5,600 square feet and is situated on a 0.44-acre parcel. The property features five dental office suites with direct access from the parking lot. There are 20 on-site parking spaces, for a ratio of 3.57 spaces per 1,000 square feet.The property is 100% leased and has had no vacancy in more than 20 years. All five leases have 3% annual rent increases. Additionally, the leases have triple net expense structures that allow the landlord to pass through all operating expenses for the property. The favorable lease terms provide a continually increasing income stream.
Property Details
- Property SubtypeCommercialSale
- Original List Price$4,000,000
- MLS #ML81969777
- MLS #ML81969777
- Property TypePurchase
- CountyAlameda
- Taxes Annual$50,340
- Cost4000000
- Acres0.4397
- Utility SourcePublic
- Year Built1979
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Jimmy Castellanos (#ML5073942)
Listing Office: Marcus & Millichap (#ML88226)
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